Quote:
Originally Posted by Einhard
No they weren't. They weren't delivering sound governance, sustainable administarion, or prudent management of the economy, which is what I was looking for.
|
Perhaps you were. And indeed, there were some isolated voices, usually academic or professional ones who wanted this. But the great unwashed did not. They had high wages, low taxes and exploding property prices which was going to make them very rich. Happy out.
Of course there are a substantial number of people who now realise that they
should have wanted prudent management of the economy during the boom years, which is not altogether the same thing.
No doubt the denial that the people had any role in our economic demise will continue. Unfortunately, election results are a matter of record so the self delusion (presumably!) must at some point stop.
Quote:
Originally Posted by Toby Take a Bow
Not really enough money, if you're (by you, I mean FF) basing your projections on a property bubble. The money isn't going to last forever.
|
Of course not. And for me, this was the single greatest failure of the FF years. But there was enough money to do almost anything in the short term. And like bread eaten, bread yet to be baked has negligible value as a political currency.
Quote:
Originally Posted by Toby Take a Bow
I do, however, think the 'brown envelope' culture which was so endemic in FF helped to inflate the property bubble, and so was made worse by the party being in government being more open to that way of doing things.
|
I don’t agree, had the CIF followed Bertie around constantly poking him with a stick and calling him a fat fool I doubt the latter would be any less supportive of the construction industry. After all FF were the greater political winners (as well as losers ultimately!) during the boom years.